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As an ambitious person, you’re always working toward your next career goal. Right now, you’re focused on improving your earning power, but you’re not sure where to start.
There’s no time like the present, so you’re interested in advice that can help boost your net worth as quickly as possible — as well as guidance that will serve you in the long term. Taking these steps now will keep you on track for a very bright future.
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Ready to get started? Here are seven tips from career experts to help you start working toward maximizing your earning power in a week.
Know Your Value
“The best way to increase your earning power in the short term is to know and position the exact value you bring to your current company and the market as a whole,” said Amanda Traugutt, a career coach at Elevated Resumes.
If you haven’t prepared a clear message explaining why your earning power has gone up, she said it will be hard to quantify the difference.
“For immediate action, approach three to five colleagues and ask them to objectively provide input as to the impact you make on their jobs,” she said. “How does your presence and skillset make their jobs easier and more effective?”
After gathering this information, create a value statement that positions you as an authority in a specific area.
Establish a Personal Brand
You won’t build a strong personal brand in a week, but Traugutt said having businesses come to you — instead of the other way around — can ultimately boost your earning power.
“Personal brands increase your earning power, because they position you as an in-demand expert in that field,” she said. “Businesses want to hire the best of the best. By leveraging an industry-related personal brand, you can put companies in competition to win your services or employment.”
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When there’s an increased demand for your expertise, the value of your time and knowledge will rise simultaneously.
“More competition drives your earning power higher and higher,” she said. “This approach takes some time to build up but can pay off in a big way when your earning power grows …….
Source: https://www.msn.com/en-us/money/other/how-to-start-improving-your-earning-power-in-a-week/ar-AATPh1D
